Edgewater Exploration Acquires Red Back Mining’s Enchi Gold Project, Ghana Mr. Edward Farrauto, President and CEO of Edgewater Exploration Ltd. (“Edgewater” or the “Company”)(CA:EDW 0.75, +0.14, +22.95%) announces its option agreement with Red Back Mining Inc. (“Red Back”) (CA:RBI 25.30, +0.48, +1.93%). Edgewater will then get an undivided 51% interest in Red Back’s legal and [...]
The discovery of a 507 carat white diamond has proved to be encouraging news, not just for Petra Diamond which discovered the gem, but for the industry as a whole. Improving demand and positive announcements have had Canadian diamond juniors brushing themselves off from last year's crash. The sparkle is back in the investors eye.
Chalice Diamond Corp. and Abitibi Mining Corp. declared that a recent gold discovery made by Strike Minerals Inc. has potential to extend onto claims optioned by the Companies to Strike earlier this year. For full story, click here
Canadian diamond explorers require “blockbuster” discovery to attract market attention. Publisher of the well-respected Kaiser Bottom-Fishing Online, John Kaiser, said: Despite reasonably robust levels of activity in Canadian diamond exploration, the market has “completely lost interest” in the sector. Click here for more information
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